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SAP Exam C_TS4FI_2023 Topic 6 Question 6 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam
Question #: 6
Topic #: 6
[All C_TS4FI_2023 Questions]

In the standard sales process, when is the COGS posting generated in Financial Accounting?

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Suggested Answer: B

by Shelton at May 20, 2024, 11:14 PM

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Rodolfo
5 months ago
B) Do PGI (Post Goods Issue) for sure. If the goods haven't been issued yet, how can you post the COGS? That would be like trying to claim the cost of a package before it's even been shipped!
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Major
4 months ago
That makes sense, you need to have the goods physically leave the warehouse before you can recognize the cost.
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Kimbery
4 months ago
Exactly, it's important to wait until the goods have actually been issued before posting the COGS.
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Tricia
5 months ago
I agree, the COGS posting is generated when you do PGI (Post Goods Issue).
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Shaniqua
5 months ago
I'm going to go with B) Do PGI (Post Goods Issue). It just makes sense that the COGS would be posted when the goods are actually issued, not when the invoice is created or the delivery document is generated.
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Yvonne
4 months ago
Yes, that's correct. COGS posting is generated when the goods are issued, not when the invoice is created.
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Misty
4 months ago
I agree, it does make sense that COGS would be posted when the goods are actually issued.
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Carlee
4 months ago
Yes, the COGS posting is generated when the goods are actually issued.
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Freeman
5 months ago
I agree, B) Do PGI (Post Goods Issue) is the correct option.
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Ronnie
5 months ago
Definitely B) Do PGI (Post Goods Issue). I remember learning that in my accounting class. The COGS has to be recorded when the goods are actually shipped out, not just when the invoice is created.
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Merissa
4 months ago
Yes, it's important to record the cost of goods sold at the right time in the sales process.
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Denae
5 months ago
I agree, the COGS posting is generated when the goods are actually shipped out.
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Fabiola
5 months ago
Hmm, I'm not too sure about this one. Maybe it's C) Create billing document? That's when the sale is recognized, so the COGS should be posted then too.
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Ivory
5 months ago
I think it's B) Do PGI (Post Goods Issue). That's when the cost of goods sold is recorded in the accounting system.
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Avery
5 months ago
C) Create billing document
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Daryl
5 months ago
I agree, the COGS posting is generated when doing PGI.
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Dyan
5 months ago
Yes, that's correct. It's an important step in the sales process.
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Maxima
5 months ago
I agree, the COGS posting is generated when you do PGI (Post Goods Issue).
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Viola
5 months ago
B) Do PGI (Post Goods Issue)
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Tarra
5 months ago
A) Issue customer invoice
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